Anticipated Newsflow / Timeline7 Oct 2020 13:07
Hi All,
Have listed my draft notes on newsflow moving forward, feel free to add / correct. Certainly an exciting period the next week and beyond! Must be a lot in sticky hands now, been a long few years.
1) La Hueca (new un-drilled target) drilling results expected anytime imminently (drilling commenced in August)
2) Porvenir - further update from hole one expected (visible mineralisation was announced for first 500m last Thursday), same continuation of visuals for additional 150m issued yesterday and still drilling hence further update potentially by Friday.
3) Blanca started drilling 6/10/20.
4) Pre feasibility study (PFS) at Cascabel Alpala due anytime now or in coming few weeks.
5) Response to hostile takeover bid by Solgold of the minority Cascabel alpala ENSA partner cornerstone (CGP) expected by 14th October. (Just before BHP standstill agreement ends)
6) awaiting drilling commencement at Rio Amarillo.
7) awaiting Conditinal heads of terms agreement for circa 2.6billion funding of Cascabel Alpala production.
8) BHP standstill agreement ending 15/10.
9) Next drill hole at Porvenir (number two) targeting the magnetic core expected to commence circa next week on completion of hole 1.